Stock fact sheet · data as of
Citigroup Inc. (C): fair value, margin of safety and Wheel Score
Ticker symbol C · Financial Services · Banks - Diversified · United States · Value
Is C undervalued?
C closed at 124.75 on 5 Nov 2026, 28% below the GLS average fair value of 174.18 from 7 models (6 of them above the price). That is a moderate margin of safety: the stock passes the "below fair value" Wheel Trade Filter, with room for a bigger discount on the Value part.
There is a wide gap between DDM (37.37) and Graham Growth (380.27). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
Ranked against every other company we cover, C is clearly cheaper than it is fast-growing, so the nightly engine files it under Value (value score 68, growth score 34, out of 100).
Nine valuation models for C
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 189.79 | +52% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 180.57 | +45% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 380.27 | +205% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 145.30 | +16% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 157.47 | +26% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 37.37 | -70% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 128.52 | +3% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -1,016.58 | -915% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 151.50 | +21% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Citigroup Inc. scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. A GLS Moat score of 3.8/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC 1.5%, ROE 6.7%, ROA 0.5% - with debt at 3.37 times equity and negative free cash flow. Debt of 3.37 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is 2.04% at a payout ratio of 21%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Services 30%, U.S. Personal Banking 26%, Markets 23% (quarter Q4 FY2025).
Institutional ownership scores 10/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded Congressional buy was on 24 Sep 2026.
| Piotroski F-score | 5 / 9 | ROIC | 1.5% |
|---|---|---|---|
| GLS Moat | 3.8 / 10 | ROE | 6.7% |
| Debt / equity | 3.37 | ROA | 0.5% |
| Free-cash-flow yield | -11.5% | Payout ratio | 21% |
| Institutions | 10 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 52: Fair
A Wheel Score of 52 keeps Citigroup Inc. under 70, the mark only a stock that passes all 9 Wheel Trade Filters can reach: it fails filter 4, financially healthy - Piotroski 5/9 (under 6). The parts: value strong, premium good, moat fair, health fair, red flags strong, option trading strong, stability strong.
Implied volatility is 29% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. The option chain is deep: 532,687 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 16.3M shares a day on a market cap of $209.3B, with a beta of 1.15; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 28% below fair value | |
| Premium | Good | implied volatility 29% | |
| Moat | Fair | moat 3.8/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Strong | Red Flags score 100/100 | |
| Option trading | Strong | 75,325 contracts a day, 532,687 open interest | |
| Stability | Strong | beta 1.15, $209.3B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 14 Jan 2027, 70 days away - outside the window of a 30-45-day put sold today.
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Diversified
The 12 companies below are the closest to Citigroup Inc. by market cap within the Banks - Diversified industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| TD The Toronto-Dominion Bank | 128.20 | 133.06 | +4% | 70Good | $216.6B |
| SAN Banco Santander, S.A. | 12.07 | 38.86 | +69% | 48Weak | $179.8B |
| MUFG Mitsubishi UFJ Financial Group, Inc. | 21.97 | 30.73 | +29% | 87Prime | $248.2B |
| WFC Wells Fargo & Company | 87.43 | 158.36 | +45% | 84Good | $262.5B |
| UBS UBS Group AG | 50.67 | 77.43 | +35% | 80Good | $155.1B |
| RY Royal Bank of Canada | 209.79 | 305.64 | +31% | 81Good | $290.9B |
| BBVA Banco Bilbao Vizcaya Argentaria, S.A. | 25.47 | 52.66 | +52% | 49Weak | $140.8B |
| HSBC HSBC Holdings plc | 89.37 | 147.87 | +40% | 49Weak | $311.8B |
| BMO Bank of Montreal | 177.47 | 317.92 | +44% | 81Good | $123.4B |
| BAC Bank of America Corporation | 51.63 | 118.20 | +56% | 81Good | $356.3B |
| BACRP Bank of America Corporation PFD SER B 7% | 192.00 | 301.46 | +36% | 32No options | $359.1B |
| BNS The Bank of Nova Scotia | 96.43 | 136.01 | +29% | 47Weak | $117.5B |
Scan the whole market the same way
A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the top 10 stocks that pass all 9 Wheel Trade Filters, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about C
Is C undervalued right now?
By the GLS models, moderately: at 124.75 the stock trades 28% below the average fair value of 174.18 (data as of 5 Nov 2026).
What is the Wheel Score of C and what does it mean?
C scores 52 out of 100 (Fair) - it fails Wheel Trade Filter 4. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for C?
174.18 per share as of 5 Nov 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Citigroup Inc. report earnings next?
The next earnings report is due on 14 Jan 2027, 70 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does C have listed options, and how liquid are they?
Yes. The nightly snapshot found 664 listed contracts with 532,687 open interest across all expiries and implied volatility of 29% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.